FOR SALE
$750,000

2 Fairymead Road
Bundaberg North QLD 4670

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 170m2
Land area: 895m2
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Ideal investment opportunity awaits

An ideal combination of residential upstairs and commercial downstairs makes this property a rare find just over North Bundaberg. The property is ready for a new owner to take over and reap the same benefits or expand upon them.
Recent updates have been made to this building throughout, and it offers easy access to each floor internally and externally. With its structure, the property offers dual income opportunities with a commercial space designed for a local takeaway/convenience store, as well as enclosed spaces for seating and dining. These enclosed spaces are both inside and outside, within a secure perimeter. There is also a 2 bedroom residence upstairs for owner operators or extra rental income.
This popular shop is currently for sale with opportunity to purchase a freehold space with residential living, and a fully operational business.
This combined commercial space offers an excellent opportunity for existing business or plenty of room to expand. A full inventory can be provided on request.
Property is priced to sell at $750,000
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property Details for 2 Fairymead Rd, Bundaberg North

2 Fairymead Rd, Bundaberg North is a 2 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 895m2 and floor size of 170m2. The place is currently for sale with Harcourts Ignite.

Building Type
House
Floor Size
170m2
Land Size
895m2

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About Bundaberg North 4670

The size of Bundaberg North is approximately 15.4 square kilometres. It has 16 parks covering nearly 10.2% of total area. The population of Bundaberg North in 2011 was 5,483 people. By 2016 the population was 5,436 showing a population decline of 0.9% in the area during that time. The predominant age group in Bundaberg North is 60-69 years. Households in Bundaberg North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg North work in a labourer occupation. In 2011, 66.9% of the homes in Bundaberg North were owner-occupied compared with 62.2% in 2016.

Bundaberg North has 2,843 properties. Over the last 5 years, Houses in Bundaberg North have seen a 119.68% increase in median value, while Units have seen a 67.50% increase. As at 31 July 2024:

  • The median value for Houses in Bundaberg North is $455,040 while the median value for Units is $338,869.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 16 properties listed for sale, and no properties listed for rent in Bundaberg north on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Bundaberg north.

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Rhys Kummerow
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Harcourts Ignite
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